Procurement and Taxes

Today is April 15 and also TAX DAY in the United States. It is the deadline for citizens to file their income tax returns for both the Federal and States taxes. Yes you can get an extension but only if you fill out the forms needed. Plus if you owe taxes, then you have to pay them anyway by April 15 and the paper work just follows. Sometimes you have overpaid and get a refund. Then it seems really worth doing all the forms and filing early!

With that in mind, I came across this book, “Death, Taxes and Procurement, An Effective guide for Small Businesses”. The author, Robert D. Horesjh, takes a fictitious company through the steps necessary to do business with the US Federal Government. They are the one of the largest consumer of goods and services for businesses to sell to. Of course they are – they have just finished collecting everyone’s taxes so there is money to be spent!! The marketplace extends to include schools, towns and local agencies.

Full disclosure, I did not read the book but skimmed areas of it. It is an easy read and a primer of sorts to get you started. Many companies do not try to bid for the government business due to the reputation that it is too hard and overwhelming. Thanks to technology, it is getting easier to go through the process. There are definite rules and expectations but it is not as cumbersome as it once was.

Has your company bid on any government procurement projects? What did you learn along the way? Does it get easier the second time around?

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About the author

Cindy brings with her over twenty years experience in supply chain business process, systems development , and project management. She has worked on a global scale with multi-faceted supply chain initiatives. With her strong IT background and project management expertise, she has successfully managed a variety of complex systems implementations. Cindy has held positions with large national and international companies in the insurance, retail and medical fields. Cindy has her MBA with an IT concentration. Professional education includes training in strategic sourcing, systems development, and obtaining her CPM.